Ten Facts About Inequality In Advanced Economies (AE) — PIIE

Very good discussion on the inequality landscape in the AEs.  We know it ain’t no Tik-Tok video but it’s a good investment of your time to learn something more about what is important and going to drive the political economy in the next several years.

(Full session) Lucas Chancel, codirector of the World Inequality Lab and of the World Inequality Database (WID) at the Paris School of Economics, explains that economic inequality is on the rise after a historic decline. Inequality, he says, is now greater within advanced economies than between the world’s rich and poor countries. In a presentation at the conference on “Combating Inequality” at the Peterson Institute for International Economics on Oct. 17-18, 2019, Chancel outlined why racial and gender inequality remains high, how trade and technological advances cannot totally be blamed, and why progressive taxation offers a solution to curbing extreme inequality. He is joined by discussant Peter Diamond (MIT Department of Economics) and chair Adam Posen.

For more details on the event, visit https://www.piie.com/events/combating….

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